Media Contact: Dana Stelsel Director, Communications (765) 771-5766 dana.stelsel@onewabash.com Investor Relations: Ryan Reed VP, Corporate Development & IR (765) 490-5664 ryan.reed@onewabash.com Wabash Announces First Quarter 2025 Results LAFAYETTE, Ind. – April 30, 2025 – Wabash (NYSE: WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, today reported results for the quarter ended March 31, 2025. The Company's net sales for the first quarter of ...

Core Insights - Wabash reported a significant decline in net sales for Q1 2025, totaling $380.9 million, which is a 26.1% decrease compared to Q1 2024 [2] - The company recognized a $342 million gain related to a legal verdict reduction, resulting in a GAAP operating profit of $314.6 million, while the non-GAAP adjusted operating loss was $27.4 million [2][4] - Total backlog as of March 31, 2025, was approximately $1.2 billion, reflecting a 5% increase from the end of 2024 but a 32% decrease from Q1 2024 [3] Financial Performance - The gross profit for the quarter was $19.0 million, representing 5.0% of sales, a significant drop from previous periods [2][8] - GAAP diluted earnings per share (EPS) was reported at $5.36, while the non-GAAP adjusted EPS was $(0.58) [2][8] - The company has revised its full-year revenue outlook to approximately $1.8 billion and adjusted EPS guidance to a range of $(0.85) to $(0.35) [4] Business Segments - Transportation Solutions segment generated net sales of $346.8 million, a decrease of 26.3% year-over-year, with an operating loss of $9.8 million [9][10] - Parts & Services segment saw a net sales increase of 5.5% year-over-year, totaling $52.0 million, with an operating income of $6.9 million [10][9] Market Conditions - The company noted that tariff-related uncertainties have led customers to delay equipment investment decisions, impacting overall demand [5][4] - Despite the current challenges, the company anticipates a future demand catch-up due to an aging fleet that will require replacement [5] Operational Adjustments - The company has taken steps to align direct labor costs with market conditions following weaker-than-expected demand [4] - Wabash's manufacturing and supply base are primarily located in the U.S., which helps mitigate direct tariff impacts [5]

The partnership brings intelligent automation to made-to-order trailer and truck body manufacturingLAFAYETTE, Ind., April 22, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, today announced a strategic partnership with UP.Labs, a pioneering corporate venture lab, to co-develop Wabash Venture Lab and two startups focused on enhancing configuration workflows and aftermarket parts optimization across Wabash ...

LAFAYETTE, Ind., April 03, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the first quarter 2025 on Wednesday, April 30, 2025 beginning at 12:00 p.m. ET. The call and an accompanying slide presentation will be accessible on the "Investors" section of Wabash’s website, www.onewabash.com, under "Events & Presentations." The conference call will be accessible by dialing (800) 715-9871, confe ...

LAFAYETTE, Ind., March 24, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) today announced an update in its challenge to the verdict issued against the company in September by a St. Louis jury in Williams et al. v. Wabash. On March 20, 2025, a Circuit Court determined that the punitive damage award in the case, which stood at $450 million, did not align with the company’s constitutional rights, and ordered the punitive damages award reduced to $108 million with the compensatory damages award remaining at $11.5 ...

LAFAYETTE, Ind., March 10, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, will showcase how its bold transformation in recent years is reshaping what fleets can expect from an OEM partner at TMC 2025, March 10–13 in Nashville. This year’s exhibit highlights how Wabash is helping customers tackle today’s most pressing operational challenges—merging physical and digital technologies with services and solu ...

Core Insights - Wabash is expanding its service portfolio and network to meet the growing demand for upfit and ready-to-mount solutions, including the launch of a new Ready-to-Mount Program and a new Parts and Services facility in Gary, Indiana, set to open in April 2025 [1][3] Service Expansion - The new Parts and Services center in Gary will be Wabash's seventh facility dedicated to truck body upfitting, offering customizable solutions and aftermarket parts, with some services completed in 10 days or less [3][4] - Wabash's Ready-to-Mount Program provides pre-built dry freight and platform bodies designed for durability and performance, allowing for rapid deployment to meet operational demands [2][4] Market Demand and Innovation - In 2024, Wabash upfitted over 1,100 truck bodies through its Parts and Services network, enhancing customer access to necessary equipment more quickly than traditional OEM sales [4] - The company is showcasing its expanded service capabilities and transportation innovations at Work Truck Week 2025, highlighting solutions that help fleet owners improve efficiency and reduce costs [2][5] Technology and Efficiency - Wabash's Medium Duty Acutherm™ Refrigerated Truck Body utilizes EcoNex™ Technology, achieving up to 25% thermal efficiency and a 15% weight reduction, which helps businesses lower costs while maintaining performance [5] - The EcoNex Technology Cost Savings Calculator provides fleet owners with real-time metrics on energy efficiency and cost savings, demonstrating financial benefits over time [5] Dealer Partnerships - Wabash's network expansions strengthen partnerships with dealers, enabling them to provide tailored solutions and reduced lead times to customers [4][5] - Dealers express that Wabash's expanded services enhance their ability to deliver comprehensive experiences to fleet owners, meeting the demand for quick access to upfit and ready-to-mount services [5]

Core Insights - Wabash National Corporation (NYSE: WNC) recently reported its Q4 results, prompting a detailed analysis of the company's performance in 2024 [1] Financial Performance - The company has a long-term investment horizon, typically focusing on a 5-10 year timeframe [1] - The investment strategy emphasizes a portfolio mix of growth, value, and dividend-paying stocks, with a particular inclination towards value stocks [1] - The company occasionally engages in options trading as part of its investment strategy [1]

Core Insights - Wabash has acquired TrailerHawk.ai to enhance its Trailers as a Service (TaaS) offering, focusing on improving freight security, visibility, and operational efficiency for logistics providers [1][3][5] Company Overview - Wabash is a leading provider of solutions that optimize supply chains across transportation, logistics, and infrastructure markets, headquartered in Lafayette, Indiana [8][10] - The company combines physical and digital technologies to deliver innovative, end-to-end solutions [8][10] Acquisition Details - The acquisition of TrailerHawk.ai brings its Founder and CEO Brett Suma to Wabash, who will lead the development and scaling of TaaS and TrailerHawk.ai solutions [1][4] - TrailerHawk.ai specializes in advanced cargo security and smart access management technologies, which will be integrated into Wabash's TaaS program [1][3] Benefits of Integration - The integration of TrailerHawk.ai's technology provides logistics providers with superior cargo security, real-time visibility, and data-driven insights [3][5] - Wabash's TaaS program offers a flexible trailer subscription model, including on-demand trailer pools and national maintenance support [2][9] Strategic Commitment - The acquisition reinforces Wabash's commitment to merging physical and digital technologies, creating connected ecosystems that enhance supply chain efficiency and reliability [5][6] - Wabash aims to reshape freight movement across North America and address pressing logistics challenges through innovative solutions [5][6]

Fourth Quarter 2024 Earnings Release Changing How the World Reaches You® January 29, 2025 Safe Harbor Statement & Non-GAAP Financial Measures CEO Highlights This presentation contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey Wabash National Corporation's (the "Company") current expectations or forecasts of future events. All statements contained in this presentation other than statements of historical fact are fo ...